PNG.V vs. PAAS.TO
PNG.V (Kraken Robotics Inc) and PAAS.TO (Pan American Silver Corp.) are both stocks. PNG.V operates in Scientific & Technical Instruments (Technology), while PAAS.TO operates in Silver (Basic Materials). Over the past 10 years, PNG.V returned 42.03%/yr vs 14.58%/yr for PAAS.TO. At a 0.08 correlation, their price movements are largely independent.
Performance
PNG.V vs. PAAS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, PNG.V achieves a 14.84% return, which is significantly higher than PAAS.TO's -6.95% return. Over the past 10 years, PNG.V has outperformed PAAS.TO with an annualized return of 42.03%, while PAAS.TO has yielded a comparatively lower 14.58% annualized return.
PNG.V
- 1D
- -2.78%
- 1M
- 5.60%
- YTD
- 14.84%
- 6M
- 18.17%
- 1Y
- 156.99%
- 3Y*
- 141.78%
- 5Y*
- 62.94%
- 10Y*
- 42.03%
PAAS.TO
- 1D
- -0.62%
- 1M
- -18.40%
- YTD
- -6.95%
- 6M
- 9.68%
- 1Y
- 70.16%
- 3Y*
- 50.24%
- 5Y*
- 13.72%
- 10Y*
- 14.58%
PNG.V vs. PAAS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNG.V Kraken Robotics Inc | 14.84% | 132.73% | 323.08% | 14.04% | 52.00% | -34.21% | -5.00% | 62.16% | 111.43% | 34.62% |
PAAS.TO Pan American Silver Corp. | -6.95% | 148.70% | 37.51% | 0.37% | -28.30% | -27.43% | 43.89% | 55.86% | 2.74% | -2.74% |
Correlation
The correlation between PNG.V and PAAS.TO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2011 | 0.08 |
The correlation between PNG.V and PAAS.TO shifts across timeframes, from 0.08 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
PNG.V:
CA$2.26B
PAAS.TO:
CA$27.78B
PNG.V:
-CA$0.00
PAAS.TO:
CA$3.21
PNG.V:
20.23
PAAS.TO:
6.49
PNG.V:
9.54
PAAS.TO:
3.78
PNG.V:
CA$107.79M
PAAS.TO:
CA$4.02B
PNG.V:
CA$62.68M
PAAS.TO:
CA$1.76B
PNG.V:
CA$12.49M
PAAS.TO:
CA$2.14B
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Return for Risk
PNG.V vs. PAAS.TO — Risk / Return Rank
PNG.V
PAAS.TO
PNG.V vs. PAAS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kraken Robotics Inc (PNG.V) and Pan American Silver Corp. (PAAS.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PNG.V | PAAS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.25 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.74 | 2.27 | +2.46 |
| Martin ratioReturn relative to average drawdown | 10.71 | 6.10 | +4.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PNG.V | PAAS.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.28 | 1.33 | +0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.08 | 0.30 | +0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.31 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.15 | +0.04 |
Drawdowns
PNG.V vs. PAAS.TO - Drawdown Comparison
The maximum PNG.V drawdown since its inception was -83.33%, which is greater than PAAS.TO's maximum drawdown of -79.35%. Use the drawdown chart below to compare losses from any high point for PNG.V and PAAS.TO.
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Drawdown Indicators
| PNG.V | PAAS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.33% | -79.35% | -3.98% |
Max Drawdown (1Y)Largest decline over 1 year | -33.33% | -31.01% | -2.32% |
Max Drawdown (3Y)Largest decline over 3 years | -33.33% | -31.01% | -2.32% |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | -55.18% | -0.97% |
Max Drawdown (10Y)Largest decline over 10 years | -71.21% | -66.06% | -5.15% |
Current DrawdownCurrent decline from peak | -28.15% | -29.24% | +1.09% |
Average DrawdownAverage peak-to-trough decline | -38.67% | -40.44% | +1.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.71% | 11.53% | +3.18% |
Volatility
PNG.V vs. PAAS.TO - Volatility Comparison
Kraken Robotics Inc (PNG.V) has a higher volatility of 23.37% compared to Pan American Silver Corp. (PAAS.TO) at 18.96%. This indicates that PNG.V's price experiences larger fluctuations and is considered to be riskier than PAAS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PNG.V | PAAS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.37% | 18.96% | +4.41% |
Volatility (6M)Calculated over the trailing 6-month period | 50.26% | 43.79% | +6.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.53% | 53.32% | +16.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.54% | 45.79% | +12.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.22% | 47.51% | +21.71% |
Dividends
PNG.V vs. PAAS.TO - Dividend Comparison
PNG.V has not paid dividends to shareholders, while PAAS.TO's dividend yield for the trailing twelve months is around 1.30%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAAS.TO Pan American Silver Corp. | 1.30% | 0.91% | 1.89% | 2.51% | 2.63% | 1.08% | 0.67% | 0.60% | 0.91% | 0.67% | 0.33% | 3.86% |
PNG.V Kraken Robotics Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PNG.V vs. PAAS.TO - Financials Comparison
This section allows you to compare key financial metrics between Kraken Robotics Inc and Pan American Silver Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PNG.V vs. PAAS.TO - Profitability Comparison
PNG.V - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported a gross profit of 9.35M and revenue of 21.71M. Therefore, the gross margin over that period was 43.1%.
PAAS.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pan American Silver Corp. reported a gross profit of 608.00M and revenue of 1.15B. Therefore, the gross margin over that period was 52.7%.
PNG.V - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported an operating income of -1.19M and revenue of 21.71M, resulting in an operating margin of -5.5%.
PAAS.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pan American Silver Corp. reported an operating income of 560.00M and revenue of 1.15B, resulting in an operating margin of 48.5%.
PNG.V - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported a net income of -3.33M and revenue of 21.71M, resulting in a net margin of -15.3%.
PAAS.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pan American Silver Corp. reported a net income of 457.00M and revenue of 1.15B, resulting in a net margin of 39.6%.
Frequently Asked Questions
PNG.V and PAAS.TO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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